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Drain Surgeons (1977) Limited

10716362

active
Private Limited Company
Companies House
Health Score
75 / 100

Some Concerns

25/30
Filing
10/30
Financial
40/40
Risk
  • No accounts filed in last 18 months (-5)
  • Current liabilities exceed current assets (-10)

Details

SOUTHGATE OFFICE VILLAGE 286-A CHASE ROAD, LONDON, N14 6HF
Incorporated 08/04/2017

Compliance

Accounts

Up to date

Confirmation statement

Up to date

Industry

43220
Plumbing, heat and air-conditioning installation

Officers

Mr Brian James Davis

director · Since 08/04/2017

DIRECTOR

ENGLISH · ENGLAND · Age 86

Persons with Significant Control

Mr Brian James Davis

Significant control

English · England · Age 86

Southgate Office Village, 286-A Chase Road, London, N14 6HF

Notified 08/04/2017

CompanyRankvs 17837+ SIC 43220 peers
56

Financial strength52th percentile among SIC peers · 13/25
Employees85th percentile among SIC peers · 13/15
LiquidityCurrent ratio 0.92× · 6/20
Longevity9 years trading (max 15) · 9/15
Filing complianceAll filings up to date · 15/15
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How is this score calculated?
Financial strength13/25 pts

Net worth compared to all companies in the same SIC code with published accounts. Top quartile earns the full 25 points.

Employees13/15 pts

Workforce size relative to sector peers from the most recent accounts. A larger team generally signals commercial scale.

Liquidity6/20 pts

Current assets ÷ current liabilities. A ratio above 2× earns full marks; between 1–2× scores partially; below 0.5× scores minimal points.

Longevity9/15 pts

One point per year of operation since incorporation, capped at 15. Older companies have a proven track record.

Filing compliance15/15 pts

Full 15 points when both annual accounts and confirmation statement are filed on time. Points are deducted for each overdue filing.

Maximum score is 100. Deductions apply for insolvency history, outstanding charges, going concern doubt, or disqualified officers.

Key FinancialsYear ending 30/04/2023

Net Worth

£5k

Balance sheet strength

Cash

£12k

Cash in the bank

Net Current Assets

-£13k

Working capital

Current Assets

£155k

Current Liabilities

£168k

Fixed Assets

£24k

Debtors

£140k

4avg. employees

Tax at Year End

VAT£86k

Balance Sheet

Assets less current liabilities£11k
Prepared with Taxfiler

EstimatesDerived

YearCurrent RatioImplied ProfitEst. Revenue
20230.92-£17k£1.7M
20221.36+£9k
20211.26-£11k
20201.34

Derived from filed accounts. Not audited figures.